Factory mode of reliance on information technology

Reference no: EM13271056

1- Provide an example of a company in the so called "factory mode" of reliance on Information Technology.

2- Provide a short example of a data capture system.

3- Provide your own comment on the following statement: "It would cost us $800,000 to build this system but we can purchase an equivalent package for $125,000. Therefore we can save the organization $675,000 by purchasing the software package instead of developing it in-house.

4- One of the factors for success of ERP implementation wd discussed in our class is"A satisficing mind-set prevails". Explain what is meant by that statement.

Reference no: EM13271056

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